401k Contribution Limits 2024 After Taximed. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer. 401k 2024 tax year limit worksheet.

First there’s the annual employer salary deferral limit. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.